Neglected by conventional banks, low-income women in Satara have set one up themselves. Not long after Chetna Gala Sinha came to the drought-stricken region of Mhaswad in western Maharashtra to marry a farmer and prominent local social activist, she began putting her university degree in finance into action. Local women, she observed, were wearing themselves out in subsistence livelihood such as growing grapes or selling vegetables. In 1992, Chetna, who grew up...

Though Anna Hazare gets much of the credit for focusing the national spotlight on corruption, India was only too aware of the problem even before his agitation. According to a Pew Research poll in October 2010 (six months before Hazare emerged on the national scene), 98 per cent of Indians indicate corrupt political leaders as a “very big” or a “moderately big” problem. Hazare’s campaign did not attune Indians to...

It is clearly the absence of political will rather than a paucity of ideas that is responsible for the country's agrarian crisis. EXACTLY seven years ago this month, the Commission on Farmers' Welfare, appointed by the government of Andhra Pradesh, submitted its report to the then Chief Minister, Y.S. Rajasekhara Reddy. His Congress government assumed office earlier that year replacing the Telegu Desam Party regime led by N. Chandrababu Naidu, which...

Global experience in retail trading by MNCs does not tally with the presumptions on which the UPA government's FDI policy is based. IN the course of the debate on the need to permit foreign direct investment in retail in India, two arguments have been advanced often. The first argument is that large organised retail is good for not just consumers, who would benefit from lower prices owing to cost efficiencies...

The Union minister for communications and information technology, Kapil Sibal, is a knowledgeable lawyer, and someone who is reportedly committed to the freedom of speech. He would not lightly propose regulations that contravene Article 19(1)(a) (freedom of speech and expression) of our Constitution. So how is one to explain his recent proposals on controlling online speech? Or even the immoderate IT Rules that have been in force since April? This controversy...